Pakistan Freezes Accounts of 5,000 Suspected Militants

Pakistan has frozen the accounts of 5,000 suspected militants, taking about $3 million out of their pockets, but Islamabad could still come under scrutiny at a crucial June meeting of an international watchdog that tracks terror financing.

Analysts and government officials say political foot-dragging and sympathetic supporters throughout Pakistan makes it difficult to cut off the money supply to banned militant groups.

Next month in Spain, the Financial Action Task Force will update its assessment of “high-risk and non-cooperative jurisdictions,” Alexandra Wijmenga-Daniel of the task force’s communications department said in an email. She did not offer any specifics. (Read more from “Pakistan Freezes Accounts of 5,000 Suspected Militants” HERE)

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